£230,625
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for NORTH LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£180,000 | 30 Jun 2017 |
£57,000 | 25 Sep 1998 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH LINCOLNSHIRE to estimate the market value.
When this house was purchased in June 2017 the House Price Index for NORTH LINCOLNSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £180,000 results in an estimated price of approximately £230,625.
30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £180,000 | £50,625 | £230,625 |
The Postcode Pricing Model uses changes in average sales price within the DN19 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 21.989 % | £39,579 | £219,579 |
3 Month Average | 11.549 % | £20,788 | £200,788 |
6 Month Average | 31.494 % | £56,689 | £236,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £233,138 | £230,000 | 38 PALMER LANE |
28 Jul 2023 | £182,456 | £180,000 | 26 SIMPSON CLOSE |
10 Feb 2023 | £404,728 | £405,000 | 66 FRANKLIN WAY |
22 Aug 2022 | £190,487 | £191,000 | THE COPPICE, 34 HALLAM CLOSE |
20 May 2022 | £161,034 | £158,000 | 29 PALMER LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Apr 2017. Using an estimated price of £230,626 means this house is valued at £2,745 per sq meter (£255 per sq foot).
The average size of a house on PALMER LANE is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Simpson Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Simpson Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hallam Close |
Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Poachers Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Poachers Close |